The United States Has A Huge Trade Deficit. Trump Attacked The Renminbi In A Rude Way.

Just as there is widespread concern that the RMB exchange rate will depreciate and depreciate, Republican presidential candidate Donald Trump will attack China like many politicians in the past.

Trump repeatedly accused the Chinese government of giving orders.

Take the initiative to depreciate in exchange for advantages in the international market.

He exploded foul language. "We can not continue to tolerate China's violence against our country."

One week was in a moderate rise, and a heavy line on Friday broke down the stock market.

So far, the stock market has not earned money and is in a weak position.

It's unpleasant.

Investors have to control their positions and fight guerrillas.

Trump accused the United States of its huge trade deficit in Sino US trade, saying that American leaders were extremely incompetent in China.

Of course, some scholars in the United States immediately criticized him for being wrong.

In short, the RMB exchange rate is controversial.

The renminbi is growing more and more.

From Zhu Rongji's 12 trillion (M2) to 150 trillion now, the purchasing power of RMB has changed from 1:2.9 to 1:3.6, still far from 1:6.5.

That is, PPP is very strong.

Therefore, if RMB is completely convertible, is it depreciated?

。

It is still worth studying and thinking.

At the age of 85, he spent 2-3 months a year writing a letter to shareholders for the Berkshire shareholders' meeting.

He now has 68 billion 600 million dollars and is the richest in America.

Although Buffett is old, he is diligent in learning and learning with practice.

It is now known that when he was only 57 years old, he only had 770 million dollars, and the other 67 billion 830 million (98.8%) wealth was rational investment after the age of 60.

First, bear in mind Buffett's famous saying: "the first rule of investment and financial management is not to lose money. The second principle is always to remember the first principle."

Second, value investment, choose a lot of varieties below the value line for a period of time.

Third, basically do not touch derivatives.

Fourth, it is never too old to learn and not stick to the rules.

Since last year, Buffett has made great strides in adjusting the original investment mode.

Of course, not everyone will become Buffett; if you have been losing money for 1-2 consecutive years and are 55 to 60 years old, you should resolutely stop buying stocks, instead of buying bonds or AB funds or buying large banks' wealth management products.

5 million of the assets of a bank manager were sold to her more than 70 year old mother, who lost 60% in the past few years. Her father and her children were so embarrassed to ask her that her daughter was just in tears.

Please remember that she should be determined to stop.

Moreover, those with a lower level still live in the majority.

In short, the market is too complicated for specific people to deal with.